Economy, asked by prince2627, 11 months ago

economic facts expressed in term of numbers are called what

Answers

Answered by PravinRatta
1

Answer: Index

Explanation:

Any economic fact expressed in terms of number is known as Index,

Index is the statistical change which represents the change in the individual data point. Index measures the change in the consumer goods and its price over time in different geographical locations. Some indices display market variations that cannot be captured in other ways.

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